Spain - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Spain was 105.39 as of 2020. Its highest value over the past 60 years was 105.39 in 2020, while its lowest value was 2.55 in 1960.

Definition: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 2.55
1961 2.61
1962 2.77
1963 2.99
1964 3.18
1965 3.47
1966 3.75
1967 4.07
1968 4.32
1969 4.54
1970 4.95
1971 5.34
1972 5.79
1973 6.48
1974 7.51
1975 8.77
1976 10.22
1977 12.60
1978 15.21
1979 17.78
1980 20.15
1981 22.64
1982 25.72
1983 28.78
1984 31.90
1985 34.64
1986 38.41
1987 40.70
1988 43.11
1989 46.09
1990 49.46
1991 52.89
1992 56.44
1993 59.00
1994 61.29
1995 64.32
1996 66.54
1997 68.11
1998 69.86
1999 71.63
2000 74.02
2001 77.06
2002 80.21
2003 83.36
2004 86.60
2005 90.15
2006 93.74
2007 96.94
2008 99.12
2009 99.27
2010 99.42
2011 99.40
2012 99.28
2013 99.68
2014 99.46
2015 100.00
2016 100.32
2017 101.63
2018 102.89
2019 104.23
2020 105.39

Statistical Concept and Methodology: Inflation is measured by the rate of increase in a price index, but actual price change can be negative. The index used depends on the prices being examined. The GDP deflator reflects price changes for total GDP. The most general measure of the overall price level, it accounts for changes in government consumption, capital formation (including inventory appreciation), international trade, and the main component, household final consumption expenditure. The GDP deflator is usually derived implicitly as the ratio of current to constant price GDP - or a Paasche index. It is defective as a general measure of inflation for policy use because of long lags in deriving estimates and because it is often an annual measure.

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices